Tuesday, June 09, 2009

Supreme Court Halts Chrysler Sale to Fiat - Political News - FOXNews.com

Supreme Court Halts Chrysler Sale to Fiat - Political News - FOXNews.com: "Indiana Treasurer Richard Mourdock said the ruling was a small victory for Indiana pensioners, who brought the request for an injunction for fear of losing their stake.

'The ... thing I hear is, 'Oh, if this doesn't happen, the sale won't take place.' Let's not forget Fiat is not paying one penny for 20 percent of this deal. If I am going to receive $400 million worth of assets on day one and I don't have to make an investment, I don't care so much if it happen Monday, Tuesday or next week, I am going to be there in the end.'"

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